By Oliver Gray
Investing.com – U.S. stock futures were trading lower during Tuesday’s evening deals, after major benchmark averages finished mixed following the release of January’s consumer price index which came in above expectations, while investors monitored a fresh batch of corporate earnings.
By 6:40pm ET (11:40pm GMT) Dow Jones Futures fell 0.1%, while S&P 500 Futures and Nasdaq 100 Futures fell 0.2% each.
In extended deals, Airbnb Inc (NASDAQ:ABNB) added 9.4% after the company reported Q4 EPS of $0.48 versus $0.25 expected, while revenue came in at $1.9 billion versus $1.86 billion expected. The company forecasted Q1 2023 revenue of $1.75-1.82 billion versus $1.68 billion expected.
TripAdvisor (NASDAQ:TRIP) lifted 10% after reporting Q4 EPS of $0.16 versus estimates of $0.04, while revenue came in at $354 million versus $344.24 million expected.
Devon Energy Corporation (NYSE:DVN) fell 5.4% after reporting adjusted per-share earnings of $1.66 versus $1.75 expected, while revenue came below expectations.
Ammo Inc (NASDAQ:POWW) lost 16% after reporting Q3 EPS of $0.05 versus $0.01 expected. Revenue was reported at $38.7 million versus $55.76 million.
Ahead in Wednesday’s session, investors will be looking towards the NY Empire State Manufacturing Index, Retail Sales, Industrial Production and Business Inventories data.
During Tuesday’s session, the Dow Jones Industrial Average fell 156.7 points or 0.5% to 34,089.3, the S&P 500 finished little changed at 4,136.1 and the NASDAQ Composite added 68.4 points or 0.6% to 11960.2.
On the bond markets, United States 10-Year rates were at 6-week highs of 3.753%.